← PNL404 · HoyaEnglish · 한국어 · 日本語

Hoya Seasonality

Historical month-by-month and year-by-year returns

Based on 26 calendar years of monthly closes, starting 2001.

By Month

MonthAverageMedian% PositiveBestWorst
January0.0%+0.7%58%+17.1%16.6%
February+0.5%0.6%46%+15.4%12.7%
March+1.1%0.9%35%+23.1%12.1%
April+2.3%+2.5%62%+23.6%18.4%
May0.7%0.5%50%+10.0%16.2%
June+2.5%+1.7%73%+18.0%12.8%
July0.4%+0.2%50%+15.4%20.5%
August+1.2%+1.0%56%+13.9%17.8%
September+3.5%+1.5%56%+28.8%14.9%
October+1.8%+1.3%56%+17.9%21.7%
November+1.8%+2.4%60%+12.3%9.6%
December0.5%1.6%44%+12.0%18.4%

By Calendar Year

YearReturn
2025+23.3%
2024+10.7%
2023+33.4%
20223.8%
2021+10.2%
2020+26.4%
2019+68.3%
2018+13.1%
2017+13.1%
2016+7.0%
20150.0%
2014+61.8%
2013+61.1%
2012+9.2%
201116.4%
201020.1%
2009+48.5%
200843.9%
200733.7%
20066.8%
2005+76.2%
2004+2.5%
2003+37.5%
2002+0.4%
200118.7%

These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.